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Messages - Roux

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Liquid P2P / Automated investing & liquidation for Lending Club
« on: March 13, 2019, 07:59:12 AM »
Hello Ryan,

Liquid buys all notes in $25 Micro Unit Increments (MUI). The MUI  allows all group members with $25 or more to participate in liquidations of other group members. Even the small accounts can help liquidate using the MUI strategy.

Liquid may buy multiple $25 notes of the same loan for accounts with large cash balances to avoid cash drag. However Liquid has a minimum loan diversification threshold strategy setting and will never invest more than 0.25% of your accountís value in any one loan. This includes notes bought on the Secondary Market.

I noticed your account is setup to use our Constant Value feature. This feature works really well. We have one client that uses her account as income stream with this feature. She receives weekly deposits.

I hope youíll stick around and give P2P another chance. Our goal is to improve the LC experience. Private message me if you would like a tour over the phone sometime Weíre still working on the copy to explain Liquid. I have to admit it has been challenging to convey all the features and strategies.

David


Sent from my iPad using Tapatalk

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Investors - LC / Liquid P2P and Interest Radar join forces
« on: February 28, 2019, 01:50:41 PM »
We are excited to share our latest news with all of you. Liquid P2P and Interest Radar are coming together to better serve our users and improve secondary market liquidity for the retail investor. 

With this partnership, Ricardo and l saw the opportunity combine our strengths under a single platform to deliver a more comprehensive investing tool that gives you powerful, automated access to the returns you want and the liquidity you need.


Liquid P2P and Interest Radar Announce Strategic Partnership
POSTED ON FEBRUARY 20, 2019 BY LIQUID TEAM

Newcomer/veteran team aims to improve Lending Clubís secondary market liquidity with patent-pending technology


Liquid P2P and Interest Radar are pleased to announce that they have entered into a strategic partnership. The two third-party investing services for online peer-lending giant Lending Club will combine strengths under a single platform to deliver a more comprehensive automated tool with a patent-pending liquidity solution.

The collaboration brings together Liquid P2Pís innovative technology with Interest Radarís market presence and long-trusted expertise as the first platform to automate investing for Lending Club more than six years ago.

Continue reading our joint press release: https://blog.liquidp2p.com/liquid-p2p-and-interest-radar-announce-strategic-partnership/

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We are excited to share our latest news with all of you. Liquid P2P and Interest Radar are coming together to better serve our users and improve secondary market liquidity for the retail investor. 

With this partnership, Ricardo and l saw the opportunity combine our strengths under a single platform to deliver a more comprehensive investing tool that gives you powerful, automated access to the returns you want and the liquidity you need.


Liquid P2P and Interest Radar Announce Strategic Partnership
POSTED ON FEBRUARY 20, 2019 BY LIQUID TEAM

Newcomer/veteran team aims to improve Lending Clubís secondary market liquidity with patent-pending technology

Liquid P2P and Interest Radar are pleased to announce that they have entered into a strategic partnership. The two third-party investing services for online peer-lending giant Lending Club will combine strengths under a single platform to deliver a more comprehensive automated tool with a patent-pending liquidity solution.

The collaboration brings together Liquid P2Pís innovative technology with Interest Radarís market presence and long-trusted expertise as the first platform to automate investing for Lending Club more than six years ago.

Continue reading our joint press release: https://blog.liquidp2p.com/liquid-p2p-and-interest-radar-announce-strategic-partnership/

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Investors - LC / Re: Lending Club loan default prediction model question
« on: February 12, 2019, 09:18:05 PM »
Maybe you and Guangming should have a chat... lol. Iím a serial entrepreneur, not a data scientist. I knew what I wanted to build and assembled a team. He obviously was a critical team member. Guangming also authored a book on scoring consumer credit. I would be happy to show and discuss some of his work in detail if you want to pm me.


Sent from my iPhone using Tapatalk

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Investors - LC / Re: Lending Club loan default prediction model question
« on: February 12, 2019, 08:07:21 PM »
Our Data Scientist, Guangming Lang, used machine learning to mine the LC historical data. He used a combination of R and XGBoost to train our Liquid P2P loan selection models. I believe these are one click installs on AWS if you're inclined to tackle such a project.

https://liquidp2p.com/
https://www.linkedin.com/in/gmlang/
https://www.r-project.org/about.html
https://xgboost.readthedocs.io/en/latest/

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From our latest blog post . . .



Lending Club, P2P Lending Among Best Alternative Investment Options for 2019

As investment analysts blog their outlooks for the new year, you'll find most referencing the growing demand for alternative strategies to balance out market volatility. Despite grumblings and claims by some investors that returns are falling, many industry experts agree that P2P lending is among the best alternative investment options for 2019 and beyond.

Continue reading for more insight:
https://blog.liquidp2p.com/lending-club-p2p-lending-among-best-alternative-investment-options-for-2019/


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Foliofn - LC / Re: evaluating ytm
« on: January 12, 2019, 09:17:01 AM »
Rob L you are correct. We rounded the fees to the nearest whole cent, when we should have kept them to the tenth decimal place for our calculations. I did call LC Investor Services just to confirm this as well. Your spreadsheet is accurate, ours will need to be revised with lower LC investor fees. I would assume the two will match up once we correct it. Thank you for your detailed posts.

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Foliofn - LC / Re: evaluating ytm
« on: January 04, 2019, 09:31:29 PM »

Quite a large difference. Why?


As you have already noted, our example table is based on a $25 note and thus subject to the rounding of its service fees to the nearest whole cent.

Lending Club Help

Quote
All fees are calculated to the tenth decimal place and will appear rounded to the nearest whole cent in your account.
https://help.lendingclub.com/hc/en-us/articles/215480768-What-fees-does-LendingClub-charge-investors-




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Foliofn - LC / Re: evaluating ytm
« on: January 04, 2019, 12:37:23 PM »
It is very difficult to match LCís YTM calculation exactly, however we have come extremely close. We have an in depth article on our blog explaining the formulas and process.

https://blog.liquidp2p.com/a-fair-trade-how-liquid-p2p-prices-lending-club-notes-for-the-secondary-market/

Within the article is another link to an amoritization schedule detailing LCís fees and their effect on YTM written by our Data Scientist.

https://www.liquidp2p.com/yield-calculation

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Hi Mark,

I also wanted to more specifically address the second part of your question about how long it might take for Liquid P2P to automate the liquidation of $10,000 worth of notes. There are several variables we would need to consider.

Since your notes were not originally purchased using our automated platform, it may not be as seamless as if they were.  The only way to give you an accurate estimate would be to look at your notes through our analytics. 

When you link a Lending Club account through our system, you are able to see a real-time breakdown of what we call "Liquid Match Eligibility."

If you look at the example screenshot I have included here, you will see we break down the total account value into "Eligible" and "Non-Eligible" principal.

Eligible Principal means the notes invested in meet our Liquid Match standards and qualify for accelerated liquidation through our Liquid Match model. The amount labeled "Liquid Portfolio" distinguishes eligible notes that were originally purchased through Liquid P2P. "Other Notes" refers to those purchased outside of Liquid P2P. Either can be eligible as long as the loan meets our Liquid Match standards.

Non-Eligible Principal means these notes do not currently meet Liquid Match Standards. We breakdown which standard is not being met to give you a better idea.  In your case, it is likely that most of your non-eligible notes would be listed under "Loan Score," meaning our algorithms would not have selected this note as a buy, or "Note Value," because we do not purchase notes greater than $25. 

You may want to consider creating an account to assess your Liquid Match Eligibility. Since we are currently offering new users a free 90-day trial with no credit card required, there is no risk.

With a trial account, you have full access to our automated investing features and can pause investing at any time. If you choose to submit a withdrawal request, however, you will be responsible for applicable liquidation fees. We will only prompt you to enter credit card information in this instance. 

If you decide to do the trial, we'd be happy to take detailed look at your account and help you estimate the likely timeline and cost for liquidating based on your actual notes.

You can reach us directly at team@liquidp2p.com or use the Live Chat on our site during business hours.

Link for more details on our free trial:
https://www.liquidp2p.com/fees-and-billing#faq4




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The Liquid Model uses both the Folio API and LC API. We match Liquid Buyers with Liquid Sellers. Harnessing the power of the Liquid Investor Group is what makes our model work. Depending on your timeline, Liquid offers 3 different options for a withdrawal request.

1. Standard Withdrawal:

No liquidation involved. We simply pause reinvesting to allow incoming payments to accrue. You receive weekly bank transfers until amount is met, then reinvesting automatically resumes.
Fees: None | Timeline: Slowest

2. Liquid Match Withdrawal

Method: We pause reinvesting and automate liquidation using our Liquid Match model. As your cash balance builds from incoming payments and liquidation of notes, we initiate weekly bank transfers. Reinvesting automatically resumes when amount is met.

Fees: 1% Liquid Match, 1% Folio | Timeline: Accelerated

3. Liquid Match +PlusWithdrawal

Method: Control your timeline by setting an end date for Liquid Match withdrawal, which can be changed as you monitor progress. After end date, we liquidate eligible notes through the Liquid Reserve Pool to fulfill the remainder of your requested amount.

Fees: 2% Liquid Match Plus, 1% Folio | Timeline: Custom


Obviously timelines depend on what method you choose. In option 2 all payments coming into the group are directed to liquidate your notes. Therefore the timeline of your withdrawal is greatly accelerated. In option 3, you pick the actual date you want $10,000 to be liquidated by. So if you picked Friday the end of next week, the remaining balance of your withdrawal request not already liquidated by Liquid Match would be liquidated on the date selected by Liquid Match+. As our name implies, Liquid makes this asset class liquid. If you would like a personal tour of the site, just private message me.

Our website does a much better job of explaining this https://liquidp2p.com/how-it-works#Section2.

I'm the creator of Liquid, but I'm not the programmer. I'll ask our programmer to chime in on this discussion regarding our "secret sauce". However I'm not aware of any listing issues. Keep in mind our programmer went through numerous trial and error attempts to get everything just right.

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Liquid P2P / Pricing notes for Lending Club's secondary market
« on: November 30, 2018, 05:50:59 PM »
What better way to foster a more active secondary market than to automate quality note trading between users in a seamless way that mutually benefits both sides of the transaction?

In our latest blog post, we explain how our "fair pricing" strategy creates a win-win situation for buyer and sellers. 

READ MORE FROM THE LIQUID BLOG
https://blog.liquidp2p.com/a-fair-trade-how-liquid-p2p-prices-lending-club-notes-for-the-secondary-market/

Please feel free to post any questions in this thread.

13
Hi all,

Liquid P2P is the new kid on the "automated investing" block offering Lending Club investors powerful access to the returns you want and the liquidity you need.

As veteran retail investors, we invite you to visit www.liquidp2p.com and see what you think.  We are currently offering new users a free 90-day trial with no credit card required.  During your trial, you'll have full access to our automated features so you can get a feel for the platform and see if it works for you.

To learn more, check out our latest blog post explaining Liquid Match, the patent-pending model that makes it all work.

https://blog.liquidp2p.com/accelerated-liquidity-for-lending-club-how-liquid-p2ps-patent-pending-investing-model-works/

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Liquid P2P / How we accelerate liquidity for Lending Club
« on: November 20, 2018, 06:27:26 PM »
Just wanted to share our latest blog post, which explains how our patent-pending Liquid Match model works. Check it out and please post any questions you have. We are happy to address them.

Link to full article: https://blog.liquidp2p.com/accelerated-liquidity-for-lending-club-how-liquid-p2ps-patent-pending-investing-model-works/

Accelerated Liquidity for Lending Club:
How Liquid P2Pís patent-pending investing model works


POSTED ON NOVEMBER 19, 2018 BY LIQUID TEAM



For all of the advantages of peer lending, the liquidity risk inherent in this asset class remains it biggest challenge and likely the biggest deterrent for new investors. When you enter into a loan agreement as a marketplace lender, youíre committing for the defined term of the loan, usually 36 or 60 months.

But what happens when a large unexpected expense arises? Life can be unpredictable, and you may need to access your funds early by liquidating part or all of your invested principal.

With a strong emphasis on secondary market automation, Liquid P2P targets a niche market of retail investors seeking consistent returns and better liquidity outside of the managed-fund approach many other automated tools are turning to.

Liquid P2P not only automates secondary market trading for you, we also offer accelerated liquidity options powered by our Liquid Match model and backed by our Liquid Reserve Pool.

Continue reading to learn how it all works:
https://blog.liquidp2p.com/accelerated-liquidity-for-lending-club-how-liquid-p2ps-patent-pending-investing-model-works/

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